Yeah if I had 'founder early adopter btc' I'd be all over that moving btc in wash/rinse/repeat.

That is quite a spread. I supect it is a whale habitrail hamster tunnel back and forth moving
and selling btc.

Never mind. Need to check my megamillions lottery ticket from Saturday. I'm sure I'm set ok right?

Just to be sure I'm awaiting the call that Lucy Liu wants me to be her love puppet.

So I'm good. (Delusion is what gets me through or so my friends thought on New Years
when told btc was around 1000 usd and I have 100.07 btc. So they figure if that's true the above
Stuff in the post has to come true. (To say they are still skeptical of crypto is an understatement.)

Although I sense the beginnings of FOMO desperation that I hope is the masses
reconsidering. Then again if they suddenly turn reasonable there goes my Lucy Liu shot,
so I'm conflicted 😐



 

All my LTC is converted to BTC except the 600 of LTC I"m sitting on waiting (probably futility ) for a better ltc ratio of then0.00457 to btc at this time

Seems to work for me over the last year..this method...wish for the days of 0.01 LTC that would be with $978.00 now for BTC at a $9.78 LTC price

(dare to dream....dream to dare)

There will be a press and FUD backlash etc etc...imho say it goes to $750 usd and then sideways as it seems is BTC's nature...
but hey ...progress is progress if that is the case..
 
but folk being folk that have to hate bitcoin to make hay...they will sell a lot of newspapers and magazines here soon when btc hits 1000 usd..and of course all them 'web eyeballs" it's just too tempting a target for doom/gloom etc to move product...

when they mock BTC all year in 2016 and then we 'moon' them with a 1000 buck price..they will be enraged!

rinse/wash/repeat

Yeah I did that ...mined in 2015 when LTC price was low ....only way I got out is I was SOOOO pissed off I held when it was like 1.50 LTC price and dumped when it was over
3.75 usd..was like 6500 LTC or so....I was that stubborn..ate the titans price in electric too...just to make the hoard bigger

Just not sure with the other coin options out their beyond LTC that would work again. The LTC to BTC ratio then was 0.008 to 0.01 ltc to btc....if we could get 0.01 ltc to btc
back again at current prices that is $969 btc or $9.69 ltc...hell it could be difficulty city and we'd still be ahead of the curve!

Conflicted in 2014 watched the big difficulty pump of LTC and KNC Neptune"s BTC miners only had 5 month life and BTC home mining killed at 10c kwh and above
This A4's and bitmain L3's coming out like toasters has me concerned it may be a repeat of that. I've said this before but IF you had run a big A2 scrypt farm in
China say with 2c kwh electric and/or a huge BTC farm doing the same...you'd certainly get a new A4 of L3 scrypt miners for your data halls now..the math does
not lie! more $$$ in a big way compared to BTC equip and BTC difficulty rises imho.

Thus it may be a frigging blood bath for difficulty the first 9 months of 2017 and will be LTC and scrypt's swan song of Home Mining as a result....

Just to me looks damn familiar...so hedging/waiting especially after using the above info calculation on the Titans/A4's/L3's  on this thread

So I'll cower over here in the trees for a bit..watch you guys battle it out for equipment etc

my bet is the press will pile in after new years day when we crack 1000 usd.they can't ignore then...and likely then the FUD will start .just saying my guess

sent you a pm on this kinda stuff ....just a heads up

I DON'T KNOW ZIP.....BUT did trip over this on another thread you can follow ...about 1900 bucks aliexpress...and they say CC safe...but I've no clue...just pointing you there

https://bitcointalk.org/index.php?topic=1734098.msg17354095#msg17354095


see posts under as well for more info

NOTE: FURTHER WARNING!!!!!

bitmain is KNOWN for filling data halls up BEFORE shipping units.....thus the difficulty rise imho may be less A4's and more bitmain ...this could get very very ugly
difficulty wise..just saying from past lurking and watching..others may be more informed on this kinda thing ask around.....


As to myself at 3200mh my plan may be to WAIT till end of 2017 and get a whatever approprate sized LTC unit at that time for 3 reasons

1) hopefully difficulty flat lines before say around the last 4 months of the year

2) I make so much on my Titan miners only 4 months of mining LTC with such would be a blessing if they keep the 25% equip depreciation you can take off all in 1 year

3) I can use say 2 of them at 800watts and get 60% of my winter heat paid 2017 to 2018 and could maybe even with ugly difficulty yet ROI with the heat benifit too
    this of course assumes worse case and my 3200mh of titans are doorstops due to difficulty and watts at that point..but still a work around

Has worked in the past....(good old KNC always late Oct Jupiter 550gh btc miner 2013.......late 1st knd titan nov 2014...other stuff end of 2015 (very little) 7 knc
liquidation titans (1 corp 6 knc liguidation) August of this year.....ate up all the mining I did nicely to ROI this year

But how I'm thinking now....not to mention 4) maybe some cheap titan cubes I can pick up along the way in dibs and dabs for little risk

Got to be an 'evil mastermind' to home mine anything these days..but as far as I can see it working with above is maybe creep thru next winter..beyond that imho
I think home LTC asic mining will be dead like home BTC mining in 2014 alas its a fun hobby kaput in a year likely without major scrypt pow price of coin rising

Thanks to you both..was a little more 'wild west' 2 years ago when I got a 50 buck product..just checking....

How can you tell if the aliexpress is legit? (Not a slam..is there a method or is it hope and a prayer?)

Crap..that ant in your logo ate your brain! ...Then again be crazy right my friend....be crazy right.....if so we'd have to name
you the 'ant man btc prophet' for coindesk....at 6000 a BTC I'd have $600,000.00 ...I'd even share my harem...er I mean
personal assistants

Adopt me! (I have 10c kwh (think it is a mistake it should be 11c kwh ...we will see) now winter rates and starting in 5 months 14c kwh may 15th 2017 summer rates)

crap....my only saving grace is I heated 85% of my house last winter with 2 Titan miners and have 4 this year so looking at 95%..if I can just float these
beasts into winter of 2017-2018 before winding them up....that would be epic......trade what I spent EVEN in Electric for equiv LTC to BTC.....a draw...would
be a nice way to wrap all the last of asic home mining up....

can't be too greedy my 1st Titan (have now 9 Titans ...7 new picked up this year..1 300mh corporation default (new) and 6 400mh knc liguidation sale this summer
1900 bucks each (really 342mh with bad
temp worker put togethers and usual knc dumbness the ran tests on some without any  thermal pads duh) also new....so can't complain...roi'd already)

So it has to end sometime..already 1.25 years longer then I thought they'd last...just last hurrah ...one more winter 2017-2018 baby......make it an even 3.5 years till
...what knc titans have always wanted in their attempts to brick themselves......blessed 'doorstop' nirvana...... (I kid thee not..they longingly want to be doorstops)

Hell its a goal...now IF frigging LTC would go back to 0.01 LTC to BTC or at $960 BTC or $9.60 LTC.....all our troubles would be over (dare to dream)

Thought they did not ship till Jan 15th 2017 to China? So was thinking Feb 1st 2017 at best for L3 to USA?

(Chinese new year break being big deal and all also. A4 folk limiting shipping they said because of such FYI)

I know zip...just saying what I heard ..feel free to correct me. ( I am often clueless)

Again mentioned previous post here I think ...KNC Titans ugly beasts..I usually just wait for you all to leave LTC network and 3 days latter difficulty drops

that trick may also not work anymore and I may just have to use my knc titans on quick block coins and multipools (knc titans don't like that much) alas...whatever

floats the boat...not yet in my case...but again if I just had an A4 right now it is what I'd do ..like mine gamecredits and hope for a pump or a multipool

but at 3150mh big enough that if you all leave the ltc network and it dumps difficulty i just sweep up 3 days later Then again with all this equipment dumping

it may just go sideways and I will have to tag along..eat the error rate pay the 5% fee (yech!) sigh

Titans NOW finally are solid...we have litghtfoot on here that can fix most anything ..the gen tarkin 3rd party firmware is stupendous
and the maxumark replacement brackets and individual heatsinks and 3000 rpm noctura fan replacement for the 1500 rpm crummy knc fans have
knocked down my dc/dc temps by 10c to 15c....they run cooler now in the summer then they did last winter

Something to keep in mind..the knc titans are more or less fixed now..most repasted as well...we are good for another 2 years (who'd a thunk it)
keep that in your calcs...we likely are not gonna fall of any scrypt pow network.....we may lose a cube ...but modular nature makes them hard to
kill and again lightfoot can fix them now...we are golden (of course this is not what you want to hear..2 year old scrypt miners have 2nd lease on
life is hardly helpful on LTC or other scrypt difficulty....sorry about that)...but keep this in mind on you LTC difficulty and scrypt difficulty future estimates
it tosses them in disarray.....



Also remember all those cheap former BTC data halls with cheap electric in China etc...all these new scrypt miners pow ...like A4's and L3's supposedly

all look MUCH MUCH BETTER then equivelant BTC miners...so heck ..they also will likely rush to mass buy...i mean the warehouse is setup from their previous A2's or BTC miners

2c kwh ..off to the races

(damn scared self) but likely very likely that is where the pow money will go now....to the bitmain L3's for sure imho when they pop in mass

a simple calculator will show all them former btc miner boys that it would make more sense to mine scrypt pow to btc (hell its what I've done with success with knc
titans the last 2 years...) (all my tricks disappearing)

Have a side thread on this comparing the KNC Titan 300mh the A4 270mh (hey they say 135mh a cube) and the supposed L3 Bitmain 250mh

I was SHOCKED at how very close the units above all were in monthly profit....still can't believe it

https://bitcointalk.org/index.php?topic=1734558.msg17354618#msg17354618

This is gonna suck if the A4's go out like toasters..and bitmain ONLY knows how to throw stuff out in the world like toasters...

we need ltc price pump and ltc to btc to get back to at least 0.008 ltc to btc imho

ugly,ugly,ugly

price and difficulty ..killed my BTC home mining dreams....looks like it is going in for the LTC home miner dreams as well

edit: fixed link

off topic: It is also gonna get ugly or more so in the scrypt pow asic miner field (see link) a comparison.....interesting times for all trying to home
mine anything gpu/asic or whatever

https://bitcointalk.org/index.php?topic=1734558.msg17355019#msg17355019

The boat is big. (The boat is taking on water) sigh

Just re-looked at above...still can't believe how close they all are in profits.....vs hash and electric...keep double checking it...spooky
but does not look like a train I want to jump on.....if the A4's continue to pump out like toasters and the L3's are the usual bitmain
dump in mass..this could look to me like the little home miner guy would be trampled (unless you use electric space heaters or need
to and can limp into next winter 2017-2018.....hey its my goal now with the Titans ..my goal is modest another year of free heat...
damn I dream big)

But talk about when the Elephants do the Polka ...it is time for the mice to get off the dance floor analogy.sheeh

Also sad thing is ..this still looks a lot better to a China big time data miner with cheap electric (pow scrypt) then buying any
mass amount of BTC miners...me thinks we are gonna get crushed and in 2018 after my heated house is done...I need a new hobby
then a home asic of LTC miner ....going the way of home BTC miner...not happening

Power use was negated imho due to the hash rate differnces....KNC Titan used more watts but hashes at 300mh rather then say 270mh for A4 and 250 for the L3.

I was surprised how close they were.

Also KNC Titans as I explained in previous post to this is really really ugly on switching and or direct mining of say gamecredits and multipools...high error rate and the of course multipool
5% fee cuts in the 3% bonus on litecoinpool...titans love LTC..to a lesser extent this is a problem with big miners over 110 mh so I've been told...still a bit of a problem
with the A4 (not as much) and who knows on the L3

Also for the past year knc titans (before A4's) were pretty much all in this boat and all sitting on LTC....that is also why you hear so much (or did) about LTC difficulty
too many titans ...not enough other profitable scrypt miners..thus they herded together on litecoin network.

Thus a free pool like litecoinpool (5% saved there) and 3% bonus from that pool ..and the expected 2-2.5% error loss (see nicehash and prohash titan setup pages)
well thats 10% behind the curve ball for me ...so heck just mine LTC on litecoinpool.

But again ....that is the tradeoff...it also helps the pool never goes down and i have like NO errors at all for 6 months

I do know of A4's mining direct game credits and I think last I was told they were getting 20 bucks more in comparison (1 A4) a month with litecoinpool and its 103% even with fee

But again with the 3150mh of KNC Titans I have if everyone leaves LTC for the multipools....in 3 days I make it up in the difficulty drop anyway (then again
with all this equipment scrypt coming on line..that may go away for me)

The other issue is I think a lot of KNC Titan owners do what I do...also a mess of A4 owners that don't want to mess with stuff..in that most seem to be on litecoin
and most imho are doing what I'm doing mining LTC and converting to BTC asap...well that also drives the ratio of ltc to btc down to 0.00447 and the price at $4.17

So heck with all the equipment and difficulty wise and the price ratio to btc and usd prices....we could be just talking about the music while rome burns....saying

damn..that is nice fiddling...missing the obvious we are all doomed

but anyway If you have 1 scrypt unit an A4 at 270mh I'd probably do what you are doing...but KNC Titans are 'evil' beasts...you cannot for example, make direct eye
contact with them while in the basement doing laundry....or out of spite they will suddenly with malice... try to 'brick themselves' and get to their blessed desired
state of grace as 'doorstops' ...a constant goal of Titans.......ugly truth....can't complain in that i was mining with
one (added more) in Nov 2014 and now have 3150mh of such beasties...so they can play prima donna to me!
...but damn they are evil....it is tough even with the ACME 5 gallon bucket of chicken entrails, the voodoo Titan doll
and the Voodoo for dummies book.....to keep them working But yeah it is ugly enough I have considered doing what you say. We will see if my 'everyone leaves
Litecoin network and difficulty goes down' process continues to work..you may see me speeding to catch up if it don't!

Well maybe ....it needs to be a bit more the 10% gain in price for it to be worth it on my KNC Titans. All the above scrypt miners work solid on all LTC pools. But MOST
scrypt pow miners above 110mh have issues in some manner with 'fast block coins' the Titans especially.

Thus taking a multipool like www.prohashing.com a good pool I've heard. They have a 5% fee. I think this is true of prohashing...but was told by Nicehash
to expect a 2-2.5% error rate on nicehash.......then you add the 3% bonus and NO FEE on litecoinpool (which has NOT gone down nor have I shown ANY errors in
1 year plus....I don't even have a backup pool set lol)

Now admittedly I think the coins you mention ARE doing better then 115% even with fees above taken out an errors...and if it gets much worse I will likely move
my stuff....but in the past what happens is EVERYONE runs off to another scrypt coin away from LTC (briefly anyway in the past) thus wait a week and having a
big bunch of miners (3150mh) the difficulty drops massively on LTC network...so in 5 days it compensates anyway....which is good ..moving 9 titans to a multipool
with the above I mention is a pain.....thus the LTC angle at least KNC Titan point of view...admittedly maybe lose 3-6 days on everyone shifting...but in the past
gain 3-6 days when everyone switches back with the more coins mined because difficulty dumped on LTC network...

weird but very true.....a look at yearly network hash rate will show such peaks/valleys

But yeah I've thought about it....and it may be less of a hassle for A4 users (though they have some of this big miner issues yet and firmware on quick block
coins I've heard...) and of course no idea on L3's if they are probably not out to USA folk till around Feb 1st 2017 at best.

Only real unknown is price......some say $2,300 usd and some say $1,800 but imho bitmain always seems to head to the high side ..at least on its home btc miners
So anyway lots of variables yet...I'm just throwing my 'guesses' out there with what I kinda know on Titans/A4's and the supposed L3's.

Again here is the L3 speculation link just started

https://bitcointalk.org/index.php?topic=1734098.msg17353755#msg17353755